CFM 426

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Real Estate Development

Civil and Construction Engineering Ira A. Fulton College of Engineering

Course Description

The iterative processes of real estate development, including market analysis, coordination with local governments, designing development concepts, estimating and financial forecasting, identifying and engaging stakeholders, sequencing the timing of development activities to create project schedules, considering sales/marketing within the process, and communicating development plans and proposals (written and oral) to various audiences.

When Taught

Fall and Winter

Min

3

Fixed

3

Fixed

4

Fixed

0

Title

Market Analysis

Learning Outcome

Conduct market studies, needs assessments, and demographic analysis in real estate development planning.

Title

Public Governance in Development

Learning Outcome

Understand public processes and analyze municipal planning and zoning ordinances, procedures, and other regulations.

Title

General Arrangement Design

Learning Outcome

Create a project general arrangement plan that addresses site constraints (topography, open water, climate exposures, etc.), infrastructure, traffic flows, adjacent buildings and services (urban planning), zoning ordinance requirements.

Title

Estimating

Learning Outcome

Analyze development activities and estimate associated soft and hard costs.

Title

Financial Forecasting

Learning Outcome

Apply basic principles of TVM to evaluate financial performance of developments and create basic project financial pro formas.

Title

Financial Planning

Learning Outcome

Understand how development projects are financed, and create a project finance plan.

Title

Stakeholders Engagement and Management

Learning Outcome

Analyze stakeholder interests and impacts in development, and create engagement and management plans.

Title

Scheduling

Learning Outcome

Organize the sequence of development activities and create a project schedule.

Title

Communication

Learning Outcome

Communicate complex ideas and proposals clearly and persuasively to both specialized and non-specialized audiences, utilizing various mediums such as written reports, oral presentations, and visual aids.